The Nigeria Labour Congress (NLC) has given the Central Bank of Nigeria (CBN) two weeks to clear the crisis scarcity occasioned by the apex bank’s naira redesign and cash swap policy.
NLC also expressed satisfaction with efforts geared towards increasing cash flow around the country.
NLC President, Joe Ajaero disclosed this during a live programme on Channels Television on Friday.
“As far as our members are concerned nationwide, they are satisfied with minimum doubt which we want to clear within the next two weeks,”
“[All the] banks are not [performing] the same; some of the banks are doing relatively better than others. So, we want to monitor the activities of some banks who I may not want to mention here, so that I don’t demarket them.”
The CBN last week directed all commercial banks to open for operation on Saturdays and Sundays, adding that banknotes had been evacuated from its vaults to commercial banks across the country.
According to the apex bank, the directive was part of a coordinated effort to ease the circulation of banknotes of various denominations with a substantial amount of money, in various denominations, having been received by the commercial banks for onward circulation to their respective customers.
